Binance support for Optimism network upgrade aims to improve performance and user experience. On Jan. 10, 2025, at 2:00 (UTC+8), Binance announced its support for the Optimism (OP) network upgrade and hard fork.
Layer 1 blockchain Celo (CELO) will migrate to layer 2 on 16 January 2025. The move, which has been ongoing for over a year, signals the increasing interest in L2 solutions to fight efficiency and scalability issues.
Crypto exchange Kraken announced the upcoming launch of Ink, an Ethereum layer-2 network based on the Optimism Superchain, in an Oct. 24 statement. Ink aims to empower users to trade, borrow, and lend tokens without the need for intermediaries, marking a significant shift from Kraken’s current centralized exchange model.
Coinbase’s layer-2 network Base is set to launch the fault-proof system, allowing users to independently confirm the validity of withdrawals. Ethereum-based network Base will integrate Optimism‘s fault-proof system — also known as fraud proofs — on Oct. 30, enabling users…
As of October 14, 2024, Base now dominates Layer 2 (L2) transactions, accounting for 67. 6% of total activity. Arbitrum follows with 22. 6%, and Optimism holds 9. 7%, according to data from IntoTheBlock.
Ethereum L2 network for the NFT industry, Mint Blockchain received a grant of 750,000 OP tokens ($1.35 million) from Optimism Governance in the 28th cycle of Optimism Grants. On Oct. 15, Mint Blockchain announced in an X post that Optimism(OP)…
The gap between Layer 2 networks is widening, with Base now recording nearly 40% more daily active addresses than both Arbitrum and Optimism combined. As of August 2024, Base has solidified its position as a key player in the Layer 2 space, drawing significant attention from the crypto community. The […]